do you know about falling wedge pattern

Falling And Rising Wedge Pattern !!!

Dear Freinds, I hope ap sab khriyt say hon gy or mehant say kam jarri rakh rahy hin gy forex member aj k topic bht important ha ap logo kay liye is liye is topic pay apko ziyda foce rakhna kamiyabi hasill kar sakty hay chalta hon apny topic ki tarf ek aisa pattren samjhna chahta hun jisko agar ap log samjh lain or kuch bhi apko forex ka na pta ho to ap sirf es ek pattren se bhi forex main earning karne k kabil ho jaen gy es pattren ko agar samjhna chahty hain to post ko pura or achey se read karen examples se samjhen to ap foec es pattren ko jiska naam hao falling wedgw and raising wedge in pattren kko seekhen or trade kren. baqi ap sb achey se trade kar k profit earn karen jis ka pako kafi faida ho ga.

Falling Wedge Pattren

Forex member Agr hum chart main dekhe k mrket main ek trend kafi time se chal rha hai or falling wedge k banney me zaroori hai k peche trend down trend ho ya down trend neche ki traf girty hove ek level per rejection ly kr oper ki traf ek pull back karta hai yahan se pattren formation start hoti hai or agly kuch he swings main pattren mukamal ho ata hai esko ap triangle ki sahpe main daikhen gy or eska break out hamesa new trend formation hoti hai kyon k falling wedgw ek trend ki end new tred ki formation hoti hai es pattren main apke uper tren line ko ap market ki resistance or lower trend line market support ki trah ly kar mazeed agy barhti hai.falling wedge pattren ki yeh khasiyaat hai k yeh chart pattren main banta hai jahan market lower lows or lower highs bnati hai jo ke ek range main banty hain jab yeh pattren downtrend main banta hai to yeh reversal pattren mana jata hai or yeh pattren es bat ko confirm karta hai ab new trend start honey wala hai buyers ka rujhaan ziada hai(The falling wedge pattern is characterized by chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered reversal pattern, as the contraction of the range indicates the downtrend is losing steam.)falling wedge ek bullish pattren hai esi trha se esk dusra pattren raising wedge hai jisko hum bearish pattren kehte hain yeh signals maney jaty hain market main trend change honey k.



Rising Wedge Pattern:

Forex member yeh pattren bhi fallig wedge k bilkul opposite hai jese k woh apko market main milta hai jahan apko downtrend nazar aye esi traha raising wedge bhi uptrend market main apko milta hai same supportor resistance es pattren main bhi milta hai market apne trend k high prices per ja kr range main movekarna start karta hai wahaan apko es baat ka andaza ho jana chahye k ab maarket main new trend staarthone wal hai buyers ka market main rujhaan kaaam hai sellers ab market maain heavy hoty ja rahe hainyahan apko support k downout per entry leni hoti hai or pattren k pehle swing k mutabiq apko apna target rakhna hota hai.

Re: Do you know about Falling Wedge pattern

WHAT IS A FALLING WEDGE PATTERN?

The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend.
Rising Wedge Pattern
The rising wedge pattern is the opposite of the falling wedge and is observed in down trending markets. Traders ought to know the differences between the rising and falling wedge patterns in order to identify and trade them effectively.
HOW TO IDENTIFY A FALLING WEDGE PATTERN

The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain different market conditions which must be taken into consideration.
The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend.
Continuation or (Reversal) Pattern:

1. Identify an uptrend or (downtrend)
2. Link lower highs and lower lows using a trend line. The two lines will slope downwards and converge
3. Look for divergence between price and an oscillator like the RSI or stochastic indicator
4. Oversold signal can be confirmed by other technical tools like oscillators
5. Look for break above resistance for a long entry

HOW TO TRADE THE FALLING WEDGE PATTERN

Below are various ways to trade the falling wedge using technical analysis:
1) Falling Wedge Continuation Pattern
The descending wedge pattern appears within an uptrend when price tends to consolidate, or trade in a more sideways fashion. Connecting the lower highs and lower lows will reveal the slight downward slant to the wedge pattern before price eventually rises, resulting in a falling wedge breakout to resume the larger uptrend.
In the Gold chart below, it is clear to see that price breaks out of the descending wedge to the upside only to return back down. This is a fake breakout or “fakeout” and is a reality in the financial markets. The fakeout scenario underscores the importance of placing stops in the right place – allowing some breathing room before the trade is potentially closed out. Traders can place a stop below the lowest traded price in the wedge or even below the wedge itself. or even below the wedge itself.
Setting the stop loss a sufficient distance away allowed the market to eventually break through resistance (legitimately) and resume the long-term uptrend.
Measuring Technique to Set Target Levels
Traders can look to the starting point of the descending wedge pattern and measure the vertical distance between support and resistance. Then, superimpose that same distance ahead of the current price but only once there has been a breakout. The top end of the line will be the target.
2) Falling Wedge Reversal Pattern
Traders can make use of falling wedge technical analysis to spot reversals in the market. The USD/CHF chart below presents such a case, with the market continuing its downward trajectory by making new lows. Price action then start to trade sideways in more of a consolidation pattern before reversing sharply higher.
Traders can use trendline analysis to connect the lower highs and lower lows to make the pattern easier to spot.